Global Marine Systems Acquires Majority Interest in CWind - Deal Analysis from GlobalData

Summary

Global Marine Systems Limited (Global Marine Systems), a provider of engineering and underwater services, has acquired majority interest in CWind Limited (CWind), a provider of offshore renewable energy services.CWind operates an 18-strong fleet of vessels that carries out a variety of activities supporting wind farm owners and operators, transporting technicians in safety to complete essential work. This helps assure the cost-effective construction, and reliable on-going performance of its clients’ offshore wind farms.The purchase enables Global Marine Systems to penetrate further into the offshore renewable sector, and adds a diverse range of construction and Operations and Maintenance (O&M) services to its current capabilities.

Scope

The deal analysis report details the following -
- Key drivers of the deal for Global Marine Systems and CWind Limited
- Company overview of the companies involved

Reasons to buy

- The deal analysis gives insights into the rationale behind the deal
- The report helps understand the benefits of the deal to Global Marine Systems Limited and CWind Limited